What is wrong with the tax cut for SS recipients. Although I will save

[Dave says]

72. Not taxing a greater portion of SS has NO ...

… has NO impact on FICA taxes collected. It does not erode the trust fund. Its sole impact is reducing revenues to general federal funds (by numbers amounting rounding errors). What am I missing here?

Of course, adding $3T to the debt will pressure pols to cease paying back the trust fund as the Special Treasury Bonds the trust fund is invested in mature. But that’s a different matter.

There’s still the gap, but IF they continue to pay interest, and they continue to pay back the face value of maturing bonds, we still fall short in upcoming years (and lifting the cap would resolve that). But that’s a big IF.

What does exhaust the trust fund sooner is deporting large numbers of immigrants that pay into social security but, due to their undocumented status, will never collect benefits. It kills a revenue stream. Ipso facto we dip into the trust fund more sharply, exhausting it sooner.